Table 10
Census-based average net annual household income and
return to equity, by age class and tenure
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Age class | All Households | Renters | Homeowners | ||||
---|---|---|---|---|---|---|---|
Net income | Return to equity | Total | Net income | Net income | Return to equity | Total | |
dollars | |||||||
Panel A: Household income | |||||||
20 to 29 | 37,678 | 689 | 38,366 | 30,243 | 51,200 | 1,942 | 53,141 |
30 to 39 | 53,886 | 1,781 | 55,667 | 35,279 | 64,470 | 2,795 | 67,265 |
40 to 49 | 62,118 | 3,108 | 65,226 | 35,087 | 71,719 | 4,213 | 75,932 |
50 to 59 | 63,689 | 3,972 | 67,661 | 33,781 | 72,272 | 5,112 | 77,385 |
60 to 69 | 50,459 | 4,303 | 54,761 | 28,746 | 56,635 | 5,526 | 62,161 |
70 plus | 39,418 | 3,809 | 43,227 | 27,009 | 44,537 | 5,380 | 49,917 |
ratio | |||||||
Relative income ratio | |||||||
70 plus to 40-to-49 | 0.63 | . | 0.66 | 0.77 | 0.62 | . | 0.66 |
70 plus to 50-to-59 | 0.62 | . | 0.64 | 0.80 | 0.62 | . | 0.65 |
dollars | |||||||
Panel B: Household income adjusted for household size | |||||||
20 to 29 | 26,184 | 482 | 26,666 | 21,836 | 34,093 | 1,358 | 35,451 |
30 to 39 | 32,862 | 1,064 | 33,926 | 24,326 | 37,718 | 1,670 | 39,388 |
40 to 49 | 36,202 | 1,792 | 37,994 | 24,156 | 40,480 | 2,429 | 42,909 |
50 to 59 | 40,261 | 2,534 | 42,795 | 25,102 | 44,611 | 3,262 | 47,873 |
60 to 69 | 35,277 | 3,068 | 38,345 | 22,838 | 38,815 | 3,941 | 42,756 |
70 plus | 30,264 | 2,967 | 33,231 | 23,188 | 33,184 | 4,191 | 37,375 |
ratio | |||||||
Relative income ratio | |||||||
70 plus to 40-to-49 | 0.84 | . | 0.87 | 0.96 | 0.82 | . | 0.87 |
70 plus to 50-to-59 | 0.75 | . | 0.78 | 0.92 | 0.74 | . | 0.78 |
Source(s):
Census of population (2006).
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